1. Apple is building a 192-room hotel on its billion-dollar Austin Campus (BD+C)
"The hotel will give Apple more control over all aspects of where visitors to the Austin campus will stay."
2. Is CLT really a green solution? (BD+C)
"CLT is intended to replace concrete and steel whose production accounts for about 13% of global carbon dioxide emissions. Wood in CLT panels pulled CO2 from the atmosphere, and that carbon should remain locked up as long as the building stands."
3. Will Remote Working Spell the Demise of the Office Sector? (National Real Estate Investor)
"While some tech and banking firms are considering major shifts to permanent work-from-home policies, offices will still be around."
4. Biggest U.S. Mall Is Two Months Delinquent on $1.4 Billion Loan (Bloomberg, National Real Estate Investor)
"The Mall of America missed two months of payments on a $1.4 billion CMBS loan."
5. Mechanics liens up 40% as COVID-19 pandemic disrupts industry (Construction Dive)
"U.S. mechanics lien filings have risen significantly since the COVID-19 pandemic shut down all but the most essential projects in many states, according to notice and lien service provider Levelset. The number of liens filed through March 2020 jumped 40% since January."
6. ULI Forecasts Strong CRE Growth to Return in 2022 (Commercial Property Executive)
"Despite numerous uncertainties, economic and real estate recovery should begin in the second half of 2020, followed by stronger growth in 2021 and significant growth in 2022, according to the Urban Land Institute’s semi-annual Real Estate Economic Forecast. The three-year 'consensus' forecast measures 27 economic and real estate factors and represents the average of forecasts from 39 economists/analysts at 35 real estate organizations. The 17th semi-annual forecast was based on responses collected from May 1 to May 18."
Related Stories
Industry Research | Jun 15, 2017
Commercial Construction Index indicates high revenue and employment expectations for 2017
USG Corporation (USG) and U.S. Chamber of Commerce release survey results gauging confidence among industry leaders.
Market Data | Jun 2, 2017
Nonresidential construction spending falls in 13 of 16 segments in April
Nonresidential construction spending fell 1.7% in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors.
Industry Research | May 25, 2017
Project labor agreement mandates inflate cost of construction 13%
Ohio schools built under government-mandated project labor agreements (PLAs) cost 13.12 percent more than schools that were bid and constructed through fair and open competition.
Market Data | May 24, 2017
Design billings increasing entering height of construction season
All regions report positive business conditions.
Market Data | May 24, 2017
The top franchise companies in the construction pipeline
3 franchise companies comprise 65% of all rooms in the Total Pipeline.
Industry Research | May 24, 2017
These buildings paid the highest property taxes in 2016
Office buildings dominate the list, but a residential community climbed as high as number two on the list.
Market Data | May 16, 2017
Construction firms add 5,000 jobs in April
Unemployment down to 4.4%; Specialty trade jobs dip slightly.
Multifamily Housing | May 10, 2017
May 2017 National Apartment Report
Median one-bedroom rent rose to $1,012 in April, the highest it has been since January.
Senior Living Design | May 9, 2017
Designing for a future of limited mobility
There is an accessibility challenge facing the U.S. An estimated 1 in 5 people will be aged 65 or older by 2040.
Industry Research | May 4, 2017
How your AEC firm can go from the shortlist to winning new business
Here are four key lessons to help you close more business.
